Gold’s Best Day in Seven Years Has Metal on Verge of Bull Market

As global stocks enter a bear market, gold is on the verge of bull status. Global stocks slumped Thursday as investors shunned risk worldwide amid concern that central-bank efforts to support economic growth are losing potency. Federal Reserve Chair Janet Yellen yesterday told Congress that market turbulence may weigh on the outlook for the economy…

Gold's Best Day in Seven Years Has Metal on Verge of Bull MarketDetails

Gold Hits 3.5-Month High; Bullish Momentum Building; Silver Bulls Also Come to Life

Gold prices are higher and hit a 3.5-month high in early U.S. trading Thursday. Add the slumping U.S. dollar index to the list of bullish elements helping to drive gold and silver prices north recently. Silver prices also scored a 3.5-month high Thursday. Safe-haven and technical buying continue to support the yellow metal amid volatile…

Gold Hits 3.5-Month High; Bullish Momentum Building; Silver Bulls Also Come to LifeDetails

China Shares Flounder Again, but ‘Real Economy’ Sound Says State Media

China’s volatile shares tumbled again on Thursday, taking losses this month to about 25 percent or 13 trillion yuan ($2 trillion), while state media insisted that the market ructions did not reflect the real economy. The benchmark Shanghai Composite Index ended down 2.9 percent, and the CSI300 index of the largest listed companies in Shanghai…

China Shares Flounder Again, but 'Real Economy' Sound Says State MediaDetails